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Rupee rises 18 paise to close at 85.23 against dollar

April 29, 2025

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The New Indian Express Thiruvananthapuram

THE rupee on Monday appreciated 18 paise to close at 85.23 against the dollar, supported by sustained foreign fund inflows, easing crude oil prices and a bullish trend in domestic equities.

- ENS ECONOMIC BUREAU @ New Delhi

Forex traders said strong domestic fundamentals such as rising forex reserves also boosted investor sentiments. At the interbank foreign exchange, the domestic currency opened at 85.29 and hit intra-day high of 84.96 and low of 85.42 against the greenback. The unit ended the session at 85.23 against dollar, a gain of 18 paise over its previous closing level.

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